On August 22, the Verkhovna Rada of Ukraine ratified the Political, Free Trade and Strategic Partnership Agreement between Ukraine and the United Kingdom of Great Britain and Northern Ireland. This will result in full trade liberalisation for the next 5 years, which will increase export potential for Ukrainian producers. This was announced by Yuliia Svyrydenko,…
In September, Bulgaria will see a surge in travel, as approximately 350,000 to 380,000 Bulgarians take advantage of the long weekend for the Unification Day holiday on September 6, which falls on Friday. This extended break, including the weekend, offers three consecutive days off. Most of those traveling will remain within Bulgaria, heading to popular…
Deputy Minister of Finance of Ukraine Olga Zykova joined the event organised by the Centre for Economic Strategy (CES) and the German Economy Team (GET) on the budget deficit, partner assistance and prospects for 2025. The key issues discussed were the needs of the state budget of Ukraine, mobilisation of the necessary funding and assistance…
In July, annual inflation in the Eurozone increased slightly to 2.6%, up from 2.5% in June. For the entire European Union, inflation reached 2.8%, rising from 2.6% the previous month, according to Eurostat. In Bulgaria, annual harmonized inflation also held steady at 2.8% in July, the same as the average for the EU. This marks…
Due to ongoing political challenges, Bulgaria’s accession to the Eurozone is now projected to occur no earlier than 2026. Despite positive evaluations from Eurozone leaders about progress made earlier in the year, the country’s persistent political instability and failure to meet necessary criteria have led to this further delay. Originally slated for January 2024, Bulgaria’s…
As of August 1, the number of companies registered in the Diia.City special legal regime reached 1,355. The relevant statement was made by Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy Danylo Hetmantsev on Telegram. “The number of companies choosing the special legal regime for the IT industry has increased. As…
The Ministry of Economy has launched an information dashboard designed to monitor the implementation of the Ukraine Plan under the EU’s Ukraine Facility programme. The dashboard is now available on the Ministry of Economy’s web portal of the and at www.ukrainefacility.me.gov.ua/en. The thematic dashboard will allow the Government, international partners, as well as business and…